Today: 9 July 2026
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NASDAQ:WTI 9 March 2026

Stock Market Today

  • Dollar Drops Again as Tensions Flare With Iran, Labor Market Holds Steady
    July 9, 2026, 4:00 PM EDT. The U.S. dollar slipped for a second straight day after US-Iran military strikes ramped up tensions in the region. A stable labor market backdrop, as weekly jobless claims came in lower than forecast, kept traders watching inflation. The dollar index was down 0.15% at 100.87. U.S. crude retreated 2.65% to $71.57 as worries about slower global growth weighed on oil, partially offsetting supply fears. Odds for a July Federal Reserve rate hike cooled a bit, with markets now pricing about a 26.2% chance. ECB policymakers expect inflation will stay above target through 2025. The Bank of Japan pointed to commodity price pressures from Middle East tensions, adding to caution in markets.
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